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It provides components to approximately 80 automobile brands and more than 40 automotive suppliers. Founded as a family business in , the company has over 1, people at five locations in Spain, Portugal and Morocco.
It supplies seat covers for models such as the VW T-Roc. This acquisition enables Brose Sitech to expand its product portfolio to include seat covers, integrating them into its complete car seat systems. From Brose Sitech social media updates on February 27, In the event of a closure, employees from the administration will be offered a job. It also plans to reduce the number of locations worldwide.
From multiple sources on February 12, Brose announces restructuring plan and its revised outlook [ Germany ]. The company also anticipates very low sales growth until In addition, it has revised its forecast turnover to EUR 7.
It expects a loss of around EUR 53 million for the financial year. From a press release dated December 17, The company is a South Korean subsidiary of Brose. It used to have a plant in Songdo in the Incheon Metropolitan City but decided to build a new plant in the Daegu Metropolitan City, considering the locations of major clients, and relocated the production base.
The new plant launched its operation in October From some releases on November 26, Joyson Safety Systems has collaborated with Brose and Brose Sitech to create new vehicle seating design solutions focusing on comfort and advanced safety. It aims to meet shifting market demands to set new industry standards. The companies will develop seats with enhanced reclining options and slim seat solutions that provide superior ergonomics, efficiency, and safety.